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Smart Steps Accounting

Mid Year Business Health Check — The Numbers You Should Be Reviewing Right Now
Business

Mid-Year Business Health Check — The Numbers You Should Be Reviewing Right Now

By On June 16, 2026

With the end of the financial year just weeks away, most business owners are heads-down managing day-to-day operations. But this is precisely the time to pause and take stock of how your… Read More

Personal Deductible Contributions — How to Claim a Tax Deduction on Your Super Before June
Super

Personal Deductible Contributions — How to Claim a Tax Deduction on Your Super Before 30 June

By On June 14, 2026

Most people assume superannuation contributions are either made by their employer or set up through salary sacrifice. But there’s a third option many Australians overlook — and it can deliver a meaningful… Read More

Good News for Small Business: The Write Off You Rely On Is Here to Stay
Business

Good News for Small Business: The Write-Off You Rely On Is Here to Stay

By On June 10, 2026

For years, the $20,000 instant asset write-off has been a lifeline for small businesses — letting you immediately deduct the full cost of eligible assets rather than writing them off gradually over… Read More

Payday Super Starts July — Your Employer Checklist
Super

Payday Super Starts 1 July 2026 — Your Employer Checklist

By On May 17, 2026

One of the biggest changes to hit Australian payroll in a generation is now less than two months away. From 1 July 2026, employers must pay superannuation contributions on payday — and… Read More

Are You Accurately Reporting Cash Income? The ATO Is Watching
Tax

Are You Accurately Reporting Cash Income? The ATO Is Watching

By On May 7, 2026

Cash flow is the lifeblood of any small business. And for many businesses — particularly in hospitality, trades and personal services — that includes a mix of card and cash payments. From… Read More

Do You Need to Lodge an FBT Return This Year?
Tax

Do You Need to Lodge an FBT Return This Year?

By On May 5, 2026

The fringe benefits tax year runs from 1 April to 31 March — and if your business provided any non-cash benefits to employees or their family members during that period, an FBT… Read More

Fraudulent Director Appointments Of Loved Ones Is Becoming A Major Concern
Business

Fraudulent Director Appointments Of Loved Ones Is Becoming A Major Concern

By On May 4, 2026

Financial fraud perpetrated by abusive partners and family members has emerged as a deeply damaging form of economic abuse, particularly when victims are nominated as company directors without their knowledge or consent.… Read More

What Does It Mean For A Business To Be A Going Concern?
Business

What Does It Mean For A Business To Be A Going Concern?

By On March 15, 2026

When you’re running a business, there’s a lot going on behind the scenes in your financial reports that you may not think about day to day.  One of the most important of… Read More

Adjusting Your Retirement Planning When Circumstances Change
Super

Adjusting Your Retirement Planning When Circumstances Change

By On March 8, 2026

Retirement planning is rarely a “set and forget” exercise. While it’s natural to build a plan based on your current circumstances, life has a habit of changing course.  Career shifts, family milestones,… Read More

Forgotten Digital Assets Are Still Important At Tax Time!
Tax

Forgotten Digital Assets Are Still Important At Tax Time!

By On March 1, 2026

In today’s digital world, people are accumulating assets in more forms than ever.  Some are obvious, such as shares or property, while others exist quietly online and are often forgotten until tax… Read More

Payroll Mistakes Your Business Can’t Afford To Make
Business

Payroll Mistakes Your Business Can’t Afford To Make

By On February 22, 2026

Payroll might seem like a routine administrative task, but getting it wrong can have serious consequences. Errors in employee payments, superannuation, or tax reporting can create financial, legal, and reputational risks that… Read More

Can You Access Income Protection Through Superannuation?
Super

Can You Access Income Protection Through Superannuation?

By On February 15, 2026

Life rarely unfolds exactly as planned. Illness or injury can strike without warning, and when it does, the ability to earn a regular income can be seriously disrupted. For many Australians, income… Read More

Keeping FBT Simple: What Employers Need To Know This FBT Season
Tax

Keeping FBT Simple: What Employers Need To Know This FBT Season

By On February 8, 2026

Fringe Benefits Tax (FBT) is a tax that applies to most non-cash benefits provided to employees in addition to their salary or wages.  For employers, understanding FBT is essential to stay compliant,… Read More

Revisiting Your Business Plan In The New Year: Preventing Issues Before They Arise
Business

Revisiting Your Business Plan In The New Year: Preventing Issues Before They Arise

By On February 2, 2026

The start of a new year is the perfect time for reflection and planning. For business owners, revisiting your business plan isn’t just about setting lofty goals  –  it’s about proactively identifying… Read More

Payday Superannuation: What It Is And Why It Matters
Super

Payday Superannuation: What It Is And Why It Matters

By On January 25, 2026

For many Australians, superannuation is one of the most important long-term financial tools, yet it can sometimes feel complicated or distant.  One concept gaining attention (and legislative action) is payday super, a… Read More

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